DT Midstream, Inc. — Form 8-K

DT Midstream reported Q3 2026 net income of $118 million ($1.16 EPS) and Adjusted EBITDA of $301 million. The company raised full-year 2026 Adjusted EBITDA guidance to $1,185–$1,225 million (midpoint $1,205M, representing 7% YoY growth) from prior range of $1,155–$1,225 million. During the quarter, the company reached final investment decision (FID) on ~$400 million of organic projects, bringing total committed backlog to $2.4 billion (70% of ~$3.4B total backlog), including MIST Southbound Phase 1 expansion (~300 MMcf/d capacity, 20% pipeline increase), a 900 MW power plant lateral in Indiana, and Guardian Phase 2 modernization. Declared $0.88/share dividend payable January 15, 2027. Reaffirmed 2027 early outlook of $1,225–$1,295 million Adjusted EBITDA.